Newsletter Dec 12, 2023
Crypto Fund Inflows Record $43M As Bitcoin Held In Exchanges Drops To 6-Year Low

Data indicate that investors are still focused on Bitcoin, the world's largest crypto asset by market capitalization, with an inflow of $20 million, recording a year-to-date total of $1.7 billion.


Google Updates Policy To Allow Crypto ETF Ads As Possible Spot BTC ETF Approval Nears

The changes, as per Google, are based on the latest criteria in its certification process, among which Cryptocurrency Coin Trusts are allowed to create and serve ads on Google granted that they can meet the requirements and secure a Google certification.


FTX Warns Of Potential Delay In Customers' Compensation Amid IRS' $24B Tax Claim

FTX, in its filing to a Delaware court, called the IRS' tax claim "meritless."

Bitcoin ETF News: Wall Street Giants BlackRock, Fidelity Try To Iron Out Redemption Details With SEC

The recent development suggests that the SEC could be ironing out details before finally approving some spot Bitcoin ETF applications.

Justin Sun-Linked HTX Sees Nearly $260M Net Outflow Since Resuming Operations After Million-Dollar Hack

Despite the net outflow, HTX occupies the 15th spot in CoinMarketCap's top cryptocurrency exchanges.

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